TechFlow news — According to The Block, in an 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, Robinhood reported that its platform’s notional volume for cryptocurrency trading in November increased by approximately 75% month-over-month. This could signal a reversal in the company's trading performance. During the third quarter of this year, Robinhood’s cryptocurrency trading volume declined 55% year-over-year to $23 million, while its crypto trading revenue also dropped 18% quarter-over-quarter in the second quarter. Robinhood previously stated it plans to launch cryptocurrency trading services in the European Union within the coming weeks.
Add to Favorites
Share to Social Media
